8467 N Us 281 Highway
Lampasas, TX 76550
78,492Sqft(Lot)
408.74Acres(Lot)
The Underwood Ranch is a remarkable 408.74+/- acre legacy with a convenient location near Lampasas & Austin. It’s diverse topography features, breathtaking vistas, productive bottom land, and native trees. The crown jewel of the ranch is a stunning main house with exquisite craftsmanship, 4 bedrooms, 4 baths, 3 half baths, 2 commercially equipped kitchens, a great room with a massive bar, and a 5-car garage. A barndominium, a foreman's/guest house, and a multi-use building offer additional living and storage space. Abundant water resources, includes stocked lakes/ponds, 7 water wells, private power plant, ensure self-sufficiency. With high fencing, an MLD permit, and a variety of wildlife, the ranch is ideal for hunting. Whether as a retreat, event venue, or family/corporate ranch, the Und
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Heating & Cooling
Heating: Central, Fireplaces, Propane Has Cooling: Yes Water front: 1
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Building Information
Year Built: 2007Private Pool: NoWater front Features: LakeFront,WaterfrontView: Hills, Lake, Pasture
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Lot Information
Main Square Feet: 408.74 Lot Size Acres: 408.74 Lot Description: Landscaped,Private,RollingSlope,ManyTrees,SprinklersAutomatic,SeeRemarks,ViewsProperty Information
Subdivision: none Source Property Type: Farm Property SubType: Ranch Property Age: 19
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Listing Price Information
Listing Price: $21500000Cash, Conventional
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Tax Information
Parcel Number: 2156304000000 Tax Year: 2022 Annual Tax: $51067.21 Tax Legal Desc: ACR: 203.08 ABST: 1563 SURV: FERNANDO MILLER
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School Information
Elementary School: Hanna Springs Junior High School: Lampasas Senior High School: Lampasas -
Utility Information
ElectricityAvailable, Propane, SeeRemarks -
Location Information
Direction: From Lampasas take Hwy 281 north. The ranch is approximately 7 miles on your left. WaterSource: Well
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| TBD County Road 2337, Lampasas, TX, 76550 | $300,000 | -- | -- | -- | 20 Acres(Lot) |
| 1 TBD Vaquero Vista Lane, Lampasas, TX, 76550 | $370,500 | -- | -- | -- | 13.21 Acres(Lot) |
| 11009 S Highway 183 Hig.., Lampasas, TX, 76550 | $279,900 | -- | -- | 500 | 12.48 Acres(Lot) |
| 00 County Road 224, Lampasas, TX, 76550 | $10,950,000 | -- | -- | -- | 643 Sqft(Lot) |
| TBD Lot 64 Fm 580 E 0123, Lampasas, TX, 76550 | $120,000 | -- | -- | -- | Acres (Lot)-- |
| TBD Lot 64 Fm 580 E 0123, Lampasas, TX, 76550 | $120,000 | -- | -- | -- | 10.21 Acres(Lot) |
| 1052 Pr 4405, Lampasas, TX, 76550 | $1,750,000 | 2 | 1 | 1,654 | Acres (Lot)-- |
| TBD E Fm 580, Lampasas, TX, 76550 | $381,375 | -- | -- | -- | 30.51 Acres(Lot) |
| 4503 Fm 1715, Lampasas, TX, 76550 | $7,844,000 | 3 | 4 | 2,905 | 293 Acres(Lot) |
| TBD 183 Highway, Lampasas, TX, 76550 | $495,000 | -- | -- | -- | 24.62 Acres(Lot) |
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ByOwner last updated this listing 06/15/2026 @ 22:26
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